Good Business Ideas 2023(+ Easy Guide with Business Plan)

good business ideas
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Getting a good business idea that you can start without having to deal with unforeseen hurdles midway can prove surprisingly difficult. Certain factors like location and abilities can contribute to making a business generally considered and, in your case, more or less a cesspool for investments in your case.

Nonetheless, it is possible to arrive at good business ideas no matter the variables. In this article, we look at some great ideas as well as some business plans to get you well on your way to running a successful business.

Good Business Ideas 2023

Fast-Food Restaurants (Eatery)

The stomach has since been discovered as the way to people’s hearts, but it is also the path to their pockets. People spend a lot of money on purchasing food. Many in the working class, for who cooking is not readily an option see fast food restaurants as a necessary fixture in their existence. As a restaurateur, do ensure that your eatery meets hygienic standards and is always conducive for your customers.


In these parts of the world, an event is not complete unless there is item 7 (refreshments) in sight. This good business idea is so widely appreciated; caterers can expect busy schedules week in, and week out. This service, especially in this region, requires a lot of speculation, as many events do not use a reservation system. As such, no one can accurately predict the number of guests that will show up. Therefore the quantity of food to prepare is always unknown.

Laundry Services

You can start this good business idea with as little as a pressing iron, some starch, and detergent. What’s more, it has the potential for growth and expansion. It is also a hot business that could rake in some serious cash. The business requires some organizational skills to successfully pull off; you will be dealing with many clothing items for different customers with varying collection dates.

Solar Panel and Inverter Installation

With the erratic [power supply and the obvious pollution from generators, solar inverters are the best options for power generation. You can become one of the first to fully explore this good business idea in this part of the world. It promises a lot of profit, not to mention, a market of teeming customers.

Dog Breeding

Dogs are said to be man’s best friend and are the favored pet choice for many pet lovers. As such, dealing in dogs of different breeds like Alsatians, Chihuahuas, and Rottweilers can prove to be very lucrative. This good business idea requires some expertise in the mating and breeding of dogs. Of course, some tender loving care for the adorable and fierce creatures is necessary.


Offering your services as a wall painter can prove to be a very good business idea and one that requires very little capital to start for that matter. Set yourself apart from other painters by using only the very best paints available in the market and you will see your clientele grow in no time.

Mobile Phone and Laptops Sales

People are always looking to update their smartphones to the latest and greatest. There’s also a similar demand with laptops. You can capitalize on this by offering the best devices from good OEMs all around the globe. However, do ensure that the manufacturers have a base in the region where you do business. Otherwise, you may run into problems with frustrated customers who cannot find solutions to their faulty devices because there are no parts to fix them with.

Car Wash Services

With some capital and a small labor force, you can actualize this good business idea. By keeping your rates reasonable and offering the absolute best service, you can encourage patronage of your business. you can also try other businesses in the premises that will keep your car wash lively and inviting.

Football Viewing Centres

Football is a very popular sport globally. Many people enjoy watching the games in the company of other passionate fans. Unfortunately, but perhaps fortunately for you, not everyone can get into the arena where the games are being played. Here is where viewing centers come in. Offering global, continental and league matches in your viewing center can attract a lot of football enthusiasts cheering their favourite teams to victory.

You can make more money selling chilled alcoholic and non-alcoholic beverages as well as small chops to these fans while they watch the games.

Perfume Production

Smelling good is often said to be good business but so is making good perfume and cologne. The advantage of homemade perfume is that it is a lot cheaper than imported ones. Many average users are not particularly averse to strong or pungent fragrances, but you could make more subtle scents that would appeal to even more people.

You can check out other useful articles on best business ideas, online business ideas and home business ideas. Do you need to find a good business idea to start in the coming year? Check out

Business Yield Idea Generator

The reason why Business Yield Idea Generator stands above other idea generators is that it is completely operated by humans; not a set of algorithms or Artificial Intelligence. Experts work with the data you provide and do quick but detailed research based on the information. It is so easy to use; all that is required are your answers to a set of quick questions and the perfect business ideas will be sent to you in less than 24 hours.

As the most capable business idea generator, it takes only 24 hours for the generator to come up with the most suitable business ideas for you. This comes after careful consideration of your budget, intended location, talents and skills, availability, and whatnot. With the submitted data and just a little token, you will get a list of ideas sent to your email based on an extensive feasibility study. You will also receive access to business plans, a business model canvas, and a 3-year financial analysis to help you get started with the business.

Also check out these wonderful business plans and find the one most suitable to your new business idea.

Read also: Best Business to Start with 300k

Can you become rich by 25?

However, it is feasible to become a young millionaire if you so choose. Although it will require a lot of effort and sacrifice, the benefits might be worth it for you. And I bet you’d still be doing well financially even if you didn’t reach your target of 25.

How can I make 1000 a day?

You can make a daily income by creating courses for a variety of abilities, such as dance, art, cooking, etc., and selling them on websites like Udemy, Unacademy, Skillshare, Teachable, etc.

How do rich people get rich?

Income from investments includes dividends, interest, and capital gains. income derived from your own business, such as commissions from the sale of goods or services.

Where can I invest and earn daily?

You should engage in intraday trading if you wish to profit daily. In intraday trading, equities are bought and sold on the same day. Stocks are bought for profit-making purposes by capitalizing on price swings, not as an investment.

What is a creative idea?

A creative notion is a broad “Big Idea” that grabs the attention of an audience, elicits an emotional response, and motivates them to act.

Can you get paid for ideas?

Companies that pay for ideas, like Idea Buyer, Mobile App Fund, Edison Nation, and others, are always looking for talent, from artists to software developers.

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